(a) The Office of Finance is hereby authorized to establish any account for the benefit of Neighborhood Councils (the Account). The Account shall list the City Clerk as a joint account holder and grant the City Clerk authority to unilaterally suspend or close the Account. Alternatively, upon the request of the City Clerk, the Office of Finance may also create a single account, with the City Clerk as the prime account holder. The City Clerk is further authorized to create sub accounts (Sub Accounts) to segregate the appropriate funding level for each Neighborhood Council. The City Clerk shall determine which board members will have access and authority to use the Account or Sub Account. The City Clerk shall have authority to suspend or terminate any board member's access to the Account or Sub Account with or without cause. The City Clerk is authorized to transfer funds between and from the Neighborhood Council's City account to the Account or Sub Account. The City Clerk is authorized to promulgate all procedures, rules and regulations, as well as to issue any directives necessary for the administration of the Neighborhood Council Account or Sub Account.
(b) Neighborhood Councils may not withdraw cash from the Checking Accounts.
(c) Neighborhood Councils are authorized to make the following expenditures from their respective Checking Account by a negotiable written instrument:
(1) Payments for the functions and operations of the Neighborhood Council pursuant to Section 22.810.1(g)(1) of this Code;
(2) Payments for the neighborhood improvement projects that have been approved by the City Clerk pursuant to Section 22.810.1(g)(1) of this Code; and
(3) Payments for neighborhood purposes grants where the applications have been approved by the City Clerk pursuant to Section 22.817 of this Code.
(d) If a Neighborhood Council is unable to operate, lacks sufficient board members to form a quorum for its regular meetings, or has been placed into exhaustive efforts by the Department pursuant to Article VI section 4 of the Plan for a Citywide System of Neighborhood Councils, then the City Clerk is authorized to make any payment from the respective Checking or Sub Account for the Neighborhood Council's functions and operations pursuant to Section 22.810.1(g)(1) of this Code.
(e) In the event any Neighborhood Council is decertified, abandoned, or otherwise ceases to exist, or the Checking or Sub Account is closed or terminated, then any and all funds in the Checking or Sub Account shall be returned to the Neighborhood Council Fund in accordance with Section 5.517 of this Code.
SECTION HISTORY
Article and Section Added by Ord. No. 179,545, Eff. 3-16-08.
Amended by: Title and Section, Ord. No. 182,549, Eff. 7-6-13; In Entirety, Ord. No. 182,792, Eff. 1-1-14; Ord. No. 184,835, Eff. 5-1-17.